Lates News

According to the research report of CITIC Securities, the laying of undersea cables at a depth of 8000 meters is used to connect data centers in different regions of the world for high-speed information transmission. The industry barriers are high. Driven by AI, internet giants are increasing their investment in undersea cable construction. The inclusion of deep-sea technology in the government work report in China is also expected to increase demand for undersea cables for ocean observation. It is estimated that from 2026 to 2030, the global length of newly built undersea cables will be approximately 540,000 kilometers, a 60% increase compared to the planned construction length of 2021-2025. The CAGR of the undersea cable market size is estimated to be 13% from 2025 to 2030. It is expected that China will lead more undersea cable projects in the future, and the competitiveness of domestic undersea cable companies will continue to strengthen, with potential for leading companies.